New all-time high for Philippine stocks (November 2012)

James Ryan Jonas

Buoyed by the country’s unexpected 7.1% GDP growth, Philippine stocks ended yesterday at another all-time high, closing at 5,633.72, up 0.85% from the previous day’s trading.

A new intra-day high of 5,636.33 was also recorded yesterday.

A total of P8.66 billion worth of shares were traded yesterday, with 79 stocks advancing, 78 stocks declining, and 46 others unchanged.

The Property and Holding Firms sectors led the rally, with the Property sector jumping 1.34% while Holding Firms registered an increase of 1.06%. The rest of the sectors’ growth is as follows:

Sector/Indices Change in Value – November 28, 2012

  • PSEi – 0.85%
  • All Shares – 0.59%
  • Property – 1.34%
  • Holding Firms – 1.06%
  • Services – 0.67%
  • Industrial – 0.61%
  • Financials – 0.14%
  • Mining and Oil – (1.28%)
Blue-chip stocks PLDT (TEL) closed at P2,586.00 (up 1.41%); Meralco (MER) at P264.20 (up 3.53%); Ayala Land Inc. (ALI) at P23.40 (up 1.08%); and Banco de Oro (BDO) at P71.10 (up 1.72%).

The 10 most actively-traded stocks yesterday and their closing prices are as follows.

Top 10 Most Active Stocks – November 28, 2012

  1. PLDT (TEL): P2,586.00 (+1.41%)
  2. SM Investments Corp. (SM): P842.50 (+0.12%)
  3. GT Capital Holdings (GTCAP): P601.00 (-0.66%)
  4. SM Prime Holdings (SMPH) – P15.12 (+4.28%)
  5. Manila Electric Co. Meralco (MER): P264.20 (+3.53%)
  6. Ayala Land Inc. (ALI): P23.40 (+1.08%)
  7. Petron Corp. (PCOR): P10.58 (+0.76%)
  8. Alliance Global Inc. (AGI): P16.38 (+1.87%)
  9. Metro Pacific Investments (MPI): P4.50 (+3.93%)
  10. Metrobank (MBT): P99.00 (+0.87%)

Yesterday’s Top 10 Gainers and their closing prices are as follows.

Top 10 Gainers – November 28, 2012

  1. iPeople Inc. (IPO): P9.00 (+16.88%)
  2. Cirtek Holdings (CHIPS): P14.00 (+16.86%)
  3. First Abacus Financial Holdings (FAF): P0.82 (+12.33%)
  4. Island Information & Technology Inc. (IS): P0.048 (+9.09%)
  5. Minerales Industrias Corp. (MIC): P6.40 (+6.67%)
  6. Coal Asia Holdings (COAL): P1.14 (+6.54%)
  7. Shang Properties Inc. (SHNG): P3.00 (+6.38%)
  8. Yehey! Corp. (YEHEY): P1.20 (+5.26%)
  9. A. Soriano Corp. (ANS): P5.05 (+5.21%)
  10. Alcorn Gold Resources (APM): P0.142  (+5.19%)

Yesterday’s Top 10 Decliners and their closing prices are as follows.

Top 10 Decliners – November 28, 2012

  1. Touch Solutions Inc. (TSI): P4.01 (-33.17%)
  2. Oriental Peninsula Resources (ORE): P3.17 (-8.91%)
  3. 2GO Group Inc. (2GO): P1.75 (-8.85%)
  4. Benguet Corp. “A” (BC): P19.00 (-8.65%)
  5. TKC Steel Corp. (T): P1.88 (-6.00%)
  6. Calata Corp. (CAL): P6.68 (-5.92%)
  7. Oriental Petroleum & Minerals (OPM): P0.018 (-5.26%)
  8. Philippine Estates Corp. (PHES): P0.75 (-5.06%)
  9. IP Converge Data Center (CLOUD): P2.46 (-5.02%)
  10. Benguet Corp. “B” (BCB): P19.00 (-5.00%)
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James Ryan Jonas teaches business management, investments, and entrepreneurship at the University of the Philippines (UP). He is also the Executive Director of UP Provident Fund Inc., managing and investing P3.2 Billion ($56.4 Million) worth of retirement funds on behalf of thousands of UP employees.